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nadezda [96]
3 years ago
9

Helen's cat Fluffy has run away, and she places reward posters throughout herneighborhood. Mark sees one of the reward posters a

nd spends the next six hourssearching for Fluffy. While Mark is searching the neighborhood, Fluffy gets hungry andcomes home.a. This is a bilateral contract, and Mark is entitled to be compensated for his efforts.b This is a bilateral contract, and Mark is entitled to nothing because he did not perform.c This is a unilateral contract, and Mark is entitled to be compensated for his efforts.d This is a unilateral contract, and Mark is entitled to nothing because he did notperform.
Business
1 answer:
Sphinxa [80]3 years ago
7 0

Answer:

.b This is a bilateral contract, and Mark is entitled to nothing because he did not perform

Explanation:

The contract is bilateral as obligation to perform exist for both parties.

Helen is obligated to pay the reward to the person who finds the cat and bring her home.

As Mark didn't find the cat it didn't perform (find the cat) Helen is not obligated to payup the reward for Fluffy

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Answer:  the firm will have a temporary competitive advantage

Explanation: The firm in question would have a temporary competitive advantage. Competitive advantage describes something that places a company or business or a person above the competition such as value, rarity, difficult/costly-to-imitate amongst others. However, where a substitute is already in existence for such service, then the firm would have a temporary competitive advantage.

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What is revenue and what is profit?
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Explanation:

The income returned by an investment is revenue.

Total income or cash flow minus expenditures is profit.

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In which ways did munsterberg suggest that psychologists could contribute to industry?
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Munsterberg suggest that psychologists could contribute to industry in the ways as listed below:

  • Identifying people suitable for a specific job
  • Identifying the psychological conditions that will bring out the best from a worker
  • identifying optimum management strategies that will unite the employees to the organization's goal

<h3>Who is a psychologist?</h3>

A psychologist refers to an expert in psychology where psychology studies the mental health. This discipline deals greatly in how human behaves and the reason for such behavior.

Psychologists play a greater impact in making people act in a certain way since they can guess intelligently on the expected behavior of an individual under a given circumstance. This abilities of psychologists enabled Munsterberg to make the suggestions listed

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2 years ago
Discuss systems thinking and how management information systems enables the four key components of system thinking
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Systems thinking corresponds to the view that an organization is a complex system where each department is integrated to achieve the same objectives and goals established by strategic planning.

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It is an approach whose ideas base systems thinking on the four components, which are:

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Therefore, through the four components of systems thinking, management can be carried out more effectively, focusing on the organizational structure according to a more comprehensive and interconnected view.

A manager with a systemic view will base his administration on the continuous improvement of each organizational system for the process to flow effectively.

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A company selling goods subtract cost of goods sold from sales to determine gross profit.

Cost of goods sold has to do with the costs of manufacturing a products such as:

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In order for a company to know or determine their gross profit for a particular period they will have to deduct their sales from the cost of goods sold.

The formula to determine gross profit is:

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Inconclusion a company selling goods subtract cost of goods sold from sales to determine gross profit.

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